7 Horrible Truths About Get Rich Quick Schemes

get rich quick7 Horrible Truths About Get Rich Quick Schemes

 

Human beings are often dualistic creatures. We may have an inkling—even a near certainty—deep down in our heart of hearts about some inexorable truth, but if this truth gets in the way of something we want, then we’ll go to the ends of the universe to try to find even the smallest shred of evidence that it’s not true. In a sense, this can be good, because it means that we never give up, and we may find that what we thought were limitations, really aren’t. On the other hand, though, when this sort of tendency isn’t accompanied by hard, objective rationality, then it leads to our developing all sorts of strange ideas and growing these delusions larger and larger through confirmation bias.

What am I talking about? I’m talking about so-called “get rich quick” schemes, and how people just love them, even when they know perfectly well that they don’t work! Chances are, in spite of your reservations, you’ve indulged in one of these schemes before—I have, too; more than once, countless people have—and chances are, you’ve only gained further confirmation that, no, you can’t make a million dollars in a week by simply sitting in front of your computer and doing nothing.

You can’t make tons of money by “simply” doing anything; making decent money from scratch is a long and tough process, and though it gets easier as you move forward, there is definitely a steep learning curve that no “proven system for making money in your sleep for only $999.99” is going to erase.

The fact is, you and I already know the truth about these scams, and yet we are taken in. Why? Because as much as human beings love to produce things of genuine value, a part of us always wants something for nothing, and marketers will always cater to that. To remind us to keep our heads out of the clouds, let’s take a look at seven truths about get rich quick schemes:

1) You will almost certainly lose money. Not “maybe”–almost certainly.<img class=" wp-image-10647 alignright" src="http://workathomeandlivelife.com/wp-content/uploads/2016/05/Not-maybe…certainly-300×300.jpg" alt="biggest scams" width="300" height="300" srcset="http://workathomeandlivelife.com/wp-content/uploads/2016/05/Not-maybe…certainly-300×300.jpg 300w, http://workathomeandlivelife.com/wp-content/uploads/2016/05/Not-maybe…certainly-150×150.jpg 150w, http://workathomeandlivelife.com/wp-content/uploads/2016/05/Not-maybe…certainly-768×768.jpg 768w, http://workathomeandlivelife.com/wp-content/uploads/2016/05/Not-maybe…certainly-570×570.jpg 570w, http://workathomeandlivelife.com/wp-content/uploads/2016/05/Not-maybe.. Read Full Report.certainly-380×380.jpg 380w, http://workathomeandlivelife.com/wp-content/uploads/2016/05/Not-maybe…certainly-285×285.jpg 285w, http://workathomeandlivelife.com/wp-content/uploads/2016/05/Not-maybe…certainly.jpg 800w” sizes=”(max-width: 300px) 100vw, 300px” />

Are there some get rich quick schemes that actually work? Who knows? Thankfully, I haven’t tried every single last one of them, so I have to leave the extremely remote, astronomical possibility open. The practical truth of the matter is that, no, if you don’t really have to do any work or at least exercise vast amounts of specialized knowledge, the method you are hearing about is a scam. You will probably lose everything that you invested in it.

An exception to this (though it still requires research and intelligence) is if you have huge amounts of money that you lend to others as capital, and you make a handsome interest rate every year from sheer volume. But, then again, if you had this kind of money, you probably wouldn’t be looking into get rich quick schemes. This method is more of a “get rich slowly” sort of deal, and it is how people actually do get rich.

2) Good luck with that money-back guarantee.

If you bought a product that promises overnight riches, and gives a money-back guarantee, good luck making your claim once you’ve seen that you’ve been had. Many of these scammers have pop-up operations, and they’ll be gone before you can complain. Some of them will give you your money back, but with certain requirements and stipulations.

3) The “experts” are experts at being experts.

Yeah, they’re expert marketers who will teach you how to make tons of money fast. They do it themselves every day. You know how they make tons of money fast? By promising people that they will help them make tons of money fast.

4) The scammers don’t care about you.

Go ahead, try to ask for advice, but you’ll find that many of your “mentors” fall silent when things start going wrong for you, especially after you’ve already pulled out your credit card and given them what they want.

5) It’s not necessarily against the law for them to scam you.illegal scams

Sometimes scamming doesn’t require the scammer to lie to you or to commit overt fraud, and he just relies on your naivety, or—let’s face it—greed, to do all the work for him, so oftentimes all he is doing is delivering exactly what you asked for. Take binary options, for instance: There is no question or confusion about what these are, but there is certainly very little chance that you will make much money from them, a fact that scammers in this field will fail to mention. In cases like these, the law isn’t always going to be on your side, since no one made you take the risk.

6) The schemes spread like viruses.

The worst part is that often when we sign up to try these get rich quick schemes, the scammers will encourage us to recruit people we know, which allows it to spread around and waste everybody’s time. If all these people spent their time slowly building their knowledge and property (either physically or online) instead of chasing short-term scheme after scheme, they would actually have a chance at being financially secure; in addition, society would actually benefit as well.

7) You are contributing nothing to the world with these “methods.”

This is the one that stings the most, really. Get rich quick schemes, even if they work for some people, are often no better than gambling. They usually create no value (which is why their ability to create money is actually so limited) and you will never have that feeling of satisfaction and contribution that you will when you actually build something that other people can use and are willing to pay for.

If the above reasons aren’t enough to discourage you from falling prey to one of these get rich quick scams, then perhaps only experience will. At any rate, good luck!

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3 comments on “7 Horrible Truths About Get Rich Quick Schemes”

  1. DrSarahBrewer Reply

    These scammers tend to work together, too, so once one has got your email, you receive invitations to webinars from others you’ve never heard of and they cross-promote each other’s products. I’ve attended quite a few on-line webinars now and although I take one or two nuggets of useful info from each, there is almost always a hard sell at the end for a program that costs just $99 a month but if you buy now it’s discounted to just $999 a year. Oh, and there’s a special free gift if you buy now. And the offer closes in a few microseconds so click on that buy button straight away….. Do I sound cynical? You betcha! Having said that, there are some non-scammers around, too, including the ones you recommend on this site! I love working from home.

    • SJB Reply

      Thank you so much for stopping by and givig us your input! You are right, there are still many awesome legit companies out there. We just have to keep an eye out for the not so good ones. 😉

  2. Warren Reply

    Sonia, I love this post. You laid out all the right reasons, with just the right amount of attitude, for everyone to pass on these. If people would realize that there is a better chance to make money from the tooth fairy, then these slugs would not be in business. Unfortunately, that’s not the case. Thanks for the info.

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